eBay Faces Lawsuit in Battle of Mobile Marketplaces

In the race to reinvent Craigslist for mobile phones, there have been no less than half-a-dozen companies that have emerged in the last two years to create the next local marketplace. All of them offer the same basic experience, allowing users in close proximity with one another to connect through an app to buy and sell everything from used furniture to concert tickets. With so many players, the battle for eyeballs and downloads has led these startups to raise tens of millions of dollars and embrace aggressive marketing tactics. On Thursday, one of those companies took the competition to court, alleging that one of its rivals, which is owned by eBay, had infringed on its trademarks.